$7,659 Closing Credit*
$645,000
2,366 SqFt
5 Beds
•1 Full Bath, 1 Partial
Listing Office: Regency Real Estate Services
Is Maple Grove Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Maple Grove Township has remained a Seller's Market.
Key Takeaway
Maple Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Grove Township, MN
How much do homes in Maple Grove Township, MN cost?
Median Sold Price
$408,083
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,460(+5.3%)
Key Takeaway
Homes in Maple Grove Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Maple Grove Township was $408,083 in November 2024, up 5.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $269.9K | +5.9% |
| 2 Bedrooms | $280K | $285K | +1.8% |
| 3 Bedrooms | $360K | $360K | 0.0% |
| 4 Bedrooms | $477.7K | $481K | +0.7% |
| 5+ Bedrooms | $707.5K | $698K | -1.3% |
Summary: Maple Grove Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 1.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Long Lake Township | $525K | $700K | +33.3% |
| Garrison Township | $255K | $298.7K | +17.2% |
| Maple Grove Township | $387.6K | $408K | +5.3% |
Housing Supply in Maple Grove Township, MN
How many homes are available in Maple Grove Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 383 | 381 | -0.5% |
Summary: The Maple Grove Township real estate market had 381 homes for sale in November 2024, a 0.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 74 | 68 | -8.1% |
| 3 Bedrooms | 115 | 128 | +11.3% |
| 4 Bedrooms | 119 | 108 | -9.2% |
| 5+ Bedrooms | 75 | 76 | +1.3% |
Summary: The Maple Grove Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 1.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 75 | -25.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Grove Township, you may be able to get a good deal. 38.7% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in Maple Grove Township in November 2024, down by 25.0% month-over-month. Of the 75 sold homes, 39% were sold under asking, 24% were sold at asking, and 37% were sold over asking.
Days on Market for Maple Grove Township, MN
How long does it take to sell a home in Maple Grove Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 26 Days | -4.3% |
Summary: Homes in Maple Grove Township had an average of 26 days on market in Nov 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Grove Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 75 homes were sold in Maple Grove Township; 68% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
